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Articles from The Chemours Company

Chemours Announces Damián Gumpel as President of Titanium Technologies and Diane Picho as Chief Enterprise Enablement Officer
The Chemours Company (NYSECC), a global chemistry company with leading market positions in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, announced the appointment of Damián Gumpel as President of Chemours’ Titanium Technologies (TT) business segment, effective March 3, 2025. Diane Iuliano Picho, who has served as Interim TT Business President since March 2024 has been appointed Chief Enterprise Enablement Officer, effective March 3, 2025. Both will report to Chemours President and CEO, Denise Dignam and serve on the Chemours Executive Team.
By The Chemours Company · Via Business Wire · January 17, 2025
Chemours Appoints Google Executive Joseph Kava to its Board of Directors
The Chemours Company (Chemours) (NYSECC), a global leader in delivering innovative performance chemistry, today announced the appointment of Joseph (Joe) Kava to its Board of Directors, effective January 3, 2025.
By The Chemours Company · Via Business Wire · January 7, 2025
The Chemours Company Announces Completion of Euro denominated Term Loan Repricing
The Chemours Company (Chemours) (NYSECC) today announced the successful repricing of its Tranche B-3 Euro denominated Term Loan under its senior secured term loan facility due in August 2028.
By The Chemours Company · Via Business Wire · December 13, 2024
The Chemours Company Announces Completion of U.S. Dollar-denominated Term Loan Repricing
The Chemours Company (Chemours) (NYSECC) today announced the successful repricing of its Tranche B-3 U.S. Dollar-denominated Term Loan under its senior secured term loan facility due in August 2028.
By The Chemours Company · Via Business Wire · November 29, 2024
The Chemours Company Announces Completion of Private Offering of $600,000,000 Aggregate Principal Amount of 8.000% Senior Unsecured Notes Due 2033
The Chemours Company (Chemours) (NYSECC) today announced it completed its previously announced private offering of $600,000,000 in aggregate principal amount of 8.000% senior unsecured notes due 2033 (the “Notes”) that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes are Chemours’ senior unsecured obligations and are guaranteed by certain of its subsidiaries.
By The Chemours Company · Via Business Wire · November 27, 2024
The Chemours Company Announces Pricing of Private Offering of $600,000,000 of 8.000% Senior Notes Due 2033
The Chemours Company (Chemours) (NYSECC) today announced the pricing of its previously announced private offering of $600,000,000 aggregate principal amount of new 8.000% senior notes due 2033 (the “Notes”). The Notes will bear interest at 8.000% per annum and mature on January 15, 2033. Interest on the Notes will be payable semi-annually on January 15 and July 15 of each year, beginning on July 15, 2025. The Notes will be senior unsecured obligations of Chemours and will be guaranteed by certain of its subsidiaries. The offering is expected to close on November 27, 2024, subject to customary closing conditions.
By The Chemours Company · Via Business Wire · November 13, 2024
The Chemours Company Announces Private Offering of $600,000,000 of Senior Notes Due 2033
The Chemours Company (Chemours) (NYSECC) today announced that it intends to offer $600,000,000 aggregate principal amount of new senior notes due 2033 (the “Notes”), subject to market and other conditions. The Notes will be senior unsecured obligations of Chemours and will be guaranteed by certain of its subsidiaries. Chemours intends to use the net proceeds from the offering to redeem all of its outstanding euro-denominated 4.000% senior notes due 2026 and the remainder of the net proceeds for general corporate purposes.
By The Chemours Company · Via Business Wire · November 13, 2024
The Chemours Company Reports Third Quarter 2024 Results and Outlines Refreshed Corporate Strategy
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global leader in delivering innovative performance chemistry through Thermal & Specialized Solutions (“TSS”), Titanium Technologies (“TT”), and Advanced Performance Materials (“APM”), today announced its financial results for the third quarter 2024 and provided an update on the Company’s corporate strategy.
By The Chemours Company · Via Business Wire · November 4, 2024
Chemours Announces Fourth Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC) today announced the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the Company's common stock for the fourth quarter of 2024. The dividend will be paid on December 16, 2024 to stockholders of record as of the close of business on November 15, 2024.
By The Chemours Company · Via Business Wire · October 23, 2024
Chemours Announces Dates for Third Quarter 2024 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced that the Company expects to issue its third quarter 2024 financial results before market on Monday, November 4, 2024.
By The Chemours Company · Via Business Wire · October 14, 2024
Chemours Announces Development of a Low GWP Retrofit Approach for Vehicles Using the Legacy R-134a Mobile Air Conditioning Refrigerant
The Chemours Company (Chemours) (NYSECC), a global leader in delivering innovative performance chemistry, today announced the development of a low global warming potential (GWP) refrigerant retrofit approach for the automotive aftermarket to support the global phasedown of higher GWP hydrofluorocarbon (HFC) refrigerants. The technical approach developed will provide vehicle owners—and their service technicians—with a simple retrofit procedure to safely and cost effectively replace the legacy R-134a refrigerant in their existing vehicle with the widely-used, low GWP Opteon™ YF (R-1234yf) refrigerant. Opteon™ YF was developed to replace R-134a in new mobile HVAC systems.
By The Chemours Company · Via Business Wire · September 9, 2024
The Chemours Company Reports Second Quarter 2024 Results
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global leader in delivering innovative performance chemistry through Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the second quarter 2024.
By The Chemours Company · Via Business Wire · August 1, 2024
Chemours Announces Third Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC) today announced the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the Company's common stock for the third quarter of 2024. The dividend will be paid on September 13, 2024 to stockholders of record as of the close of business on August 15, 2024.
By The Chemours Company · Via Business Wire · July 24, 2024
Chemours Announces Dates for Second Quarter 2024 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced that the Company expects to issue its second quarter 2024 financial results after market close on Thursday, August 1, 2024.
By The Chemours Company · Via Business Wire · July 11, 2024
The Chemours Company Resumes Production at its Titanium Dioxide Site in Altamira, Mexico
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced that the Mexican government has lifted its prior water intake restrictions, enabling the Company to resume normal operations at its titanium dioxide (TiO2) manufacturing facility in Altamira, Mexico. The Company previously announced a temporary pause in production on May 31, 2024.
By The Chemours Company · Via Business Wire · June 24, 2024
Chemours Names Tony Satterthwaite to Board of Directors
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Livingston “Tony” Satterthwaite to its Board of Directors, effective June 12.
By The Chemours Company · Via Business Wire · June 13, 2024
Chemours Reaches Important Milestone in Its Sustainability Journey; Receives Approval of Science-Based Emissions Reduction Targets
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company, today announced that the Science Based Target initiative (SBTi) has approved Chemours’ near-term science-based greenhouse gas (GHG) emissions reduction targets. This includes the Company’s existing goal of an absolute 60% reduction in Scope 1 and 2 GHG emissions by 2030 and a new Scope 3 target to reduce emissions by 25% per ton of production by 2030.
By The Chemours Company · Via Business Wire · June 11, 2024
Chemours Publishes 2023 Sustainability Report
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company, today announced the seventh edition of its annual Sustainability Report, outlining the Company’s progress toward meeting its 2030 Corporate Responsibility Commitment (CRC) goals. The report titled “Partnering for Progress,” showcases how Chemours embraces partnerships to deliver innovative products responsibly and more sustainably, share its success with others, and drive business value.
By The Chemours Company · Via Business Wire · June 11, 2024
Chemours Appoints Shane Hostetter as Chief Financial Officer
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Shane Hostetter as Chief Financial Officer (CFO) effective July 1, 2024. As CFO, Shane will lead Finance, Investor Relations, Corporate Development, Strategy, and Enterprise Risk Management.
By The Chemours Company · Via Business Wire · June 5, 2024
Chemours Enhances EVOLVE 2030 Portfolio Sustainability Assessment Methodology
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company, today announced the release of EVOLVE 2030 Version 2.0, the Company’s portfolio sustainability assessment methodology. EVOLVE 2030 helps Chemours evaluate its product offerings and product development pipeline in relation to the United Nations Sustainable Development Goals (UN SDGs). The evaluation criteria assist Chemours in demonstrating progress against its 2030 Corporate Responsibility Commitment goal to generate 50% or more of its revenue from offerings that make a specific contribution to the UN SDGs. The updated methodology now includes considerations on product and packaging circularity, as well as insights gained from Chemours’ experience using the methodology over the last four years.
By The Chemours Company · Via Business Wire · June 4, 2024
The Chemours Company Temporarily Pauses Titanium Dioxide Production at Altamira, Mexico Site Amid Severe Regional Drought
As a result of the severe drought impacting much of Mexico, The Chemours Company (“Chemours”) (NYSECC), a global chemistry company, today announced it is complying with a request from the government to temporarily minimize water intake, which has led to a pause in production at its Altamira Titanium Dioxide (TiO2) manufacturing facility to conserve water for the surrounding communities.
By The Chemours Company · Via Business Wire · May 31, 2024
Chemours Discontinues U.S. Sales of Legacy Freon™ Refrigerants 404A and 507
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its strategic decision to cease sales of Freon™ 404A (R-404A) and Freon™ 507 (R-507) in the United States. Chemours—the inventors of Freon™ and Opteon™ refrigerant portfolios —will discontinue U.S. sales of these select Freon™ products as of May 2, 2024, in support of regulatory phasedown requirements.
By The Chemours Company · Via Business Wire · May 2, 2024
The Chemours Company Reports First Quarter 2024 Results
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the first quarter 2024.
By The Chemours Company · Via Business Wire · April 30, 2024
Chemours Announces Second Quarter Dividend
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the Company's common stock for the second quarter of 2024. The dividend will be paid on June 14, 2024 to stockholders of record as of the close of business on May 15, 2024.
By The Chemours Company · Via Business Wire · April 29, 2024
Chemours Announces Dates for First Quarter 2024 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced that the Company expects to issue its first quarter 2024 financial results after market close on Tuesday, April 30, 2024.
By The Chemours Company · Via Business Wire · April 24, 2024
Chemours Recognized With Two Awards From U.S. Department of Energy’s Better Buildings, Better Plants Initiative
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, was honored yesterday with two awards from the U.S. Department of Energy’s (DOE) Better Buildings, Better Plants initiative, which recognizes partners for outstanding accomplishments in energy efficiency, decarbonization, water efficiency, or waste reduction projects or practices. This is the second year that Chemours has been recognized with both Better Project and Better Practice awards.
By The Chemours Company · Via Business Wire · April 4, 2024
Chemours Announces Completion of Planned Procedures by the Audit Committee with Respect to Internal Review
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced that, as disclosed in the Company’s Annual Report on Form 10-K filed today, March 27, 2024, the Audit Committee of the Board of Directors has completed its planned procedures with respect to the internal review that the Company had previously disclosed on February 29, 2024, with an update provided on March 7, 2024.
By The Chemours Company · Via Business Wire · March 27, 2024
The Chemours Company Reports Fourth Quarter and Full Year 2023 Results
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the fourth quarter and full year 2023.
By The Chemours Company · Via Business Wire · March 27, 2024
Chemours Announces Dates for Fourth Quarter 2023 Earnings Release, 2023 Form 10-K Filing and Webcast Conference Call
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced that the Company currently expects to issue its fourth quarter and full year 2023 financial results and file its Annual Report on Form 10-K for the year ended December 31, 2023 after market close on Wednesday, March 27, 2024.
By The Chemours Company · Via Business Wire · March 26, 2024
Chemours Announces Appointment of Denise Dignam as President and Chief Executive Officer of the Company
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Denise Dignam, current Interim Chief Executive Officer, to the positions of President and Chief Executive Officer and a member of the Board of Directors, effective immediately.
By The Chemours Company · Via Business Wire · March 22, 2024
Chemours and Partners Selected for $60M in U.S. Department of Energy Grants to Support Continued Advancement of Global Hydrogen Economy
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected two of its applications for grants totaling $60 million. These grants will be used by Chemours and its partners for the advancement of technology to support next-generation membranes for proton exchange membrane (PEM) water electrolysis to advance a domestic hydrogen economy supply chain and establish a new Recovery and Recycling Consortium dedicated to enabling the circularity of PEM electrolyzers and fuel cells. These selections validate Chemours’ leadership and expertise as a responsible manufacturer of high-quality, durable ionomers and membranes.
By The Chemours Company · Via Business Wire · March 20, 2024
Chemours Receives NYSE Notice Regarding Delayed Form 10-K Filing
On March 18, 2024, The Chemours Company (“Chemours” or “the Company”) (NYSECC) received notice from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission (the “SEC”).
By The Chemours Company · Via Business Wire · March 18, 2024
Chemours Provides Update on Internal Review
As previously disclosed, the Audit Committee of the Board of Directors of The Chemours Company (“Chemours” or “the Company”) (NYSECC), with the assistance of independent outside counsel, has been overseeing an internal review. The review relates to an anonymous report made to the Chemours Ethics Hotline regarding the matters described below. A substantially complete report of the findings of the internal review was delivered to the full Board on March 5, 2024.
By The Chemours Company · Via Business Wire · March 6, 2024
CORRECTING and REPLACING Chemours Announces Management Actions and Delay of Form 10-K; Provides Preliminary Unaudited 2023 Year-End Results
Eleventh paragraph, first and second sentences of release dated February 28, 2024 should read: At December 31, 2023, the Company maintained cash and cash equivalents of $1.2 billion; it has restricted cash and restricted cash equivalents of $604 million primarily relating to the U.S. public water district settlement.
By The Chemours Company · Via Business Wire · February 29, 2024
Chemours Announces Changes to its Board of Directors
The Chemours Company (Chemours) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announces two upcoming changes to its Board of Directors. Director Sandra Phillips Rogers has announced her decision not to stand for reelection and will serve out the remainder of her current term. Pamela Fletcher will join the Chemours Board as a director, effective March 1, 2024.
By The Chemours Company · Via Business Wire · February 16, 2024
Chemours Announces First Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced that on February 12, 2024 the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the first quarter of 2024. The dividend will be paid on March 15, 2024, to stockholders of record as of the close of business on February 26, 2024.
By The Chemours Company · Via Business Wire · February 13, 2024
Chemours Reschedules Earnings Release and Conference Call
The Chemours Company (“Chemours” or “the Company”) (NYSECC) today announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year ended December 31, 2023, which had previously been scheduled for February 14, 2024 and February 15, 2024, respectively. Chemours currently expects to issue its fourth quarter and full year 2023 financial results after market close on Wednesday, February 28, 2024. The Company currently expects to hold its webcast conference call, focused on Q&A, on Thursday, February 29, 2024, at 8:00 a.m. Eastern Standard Time. The Company also currently expects to file its Annual Report on Form 10-K for the year ended December 31, 2023 on February 29, 2024.
By The Chemours Company · Via Business Wire · February 13, 2024
Chemours and the Georgia 4-H Foundation Partner to Provide Environmental Education and Leadership Programs to Georgia Youth
The Chemours Company (“Chemours”) (NYSECC), a global company committed to making its chemistry as responsible as it is essential, and the Georgia 4-H Foundation, a unit of the University of Georgia College of Agricultural and Environmental Sciences Cooperative Extension Service and the premier youth leadership organization in the state of Georgia, have announced a partnership to provide environmental education and leadership learning to youth.
By The Chemours Company · Via Business Wire · February 12, 2024
Chemours Recognizes its 2023 Responsible Supplier Awards Recipients
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the winners of its 2023 Responsible Supplier Awards.
By The Chemours Company · Via Business Wire · February 6, 2024
Chemours Announces Dates for Fourth Quarter 2023 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced it will release fourth quarter 2023 financial results after market close on February 14, 2024. The company will conduct its fourth quarter 2023 webcast conference call on Thursday, February 15, 2024, at 8:00 a.m. Eastern Standard Time.
By The Chemours Company · Via Business Wire · January 18, 2024
Chemours, DuPont, and Corteva Provide Update and Affirm Support for PFAS Settlement with U.S. Water Systems
By The Chemours Company · Via Business Wire · December 22, 2023
Chemours Works with Authorities in Northern China to Shutdown Chemical Plant Producing Fake Viton™ FreeFlow
Law enforcement agencies in northern China have shut down large-scale manufacturing of counterfeit Viton™ FreeFlow™ fluoroelastomer, a product falsely bearing Chemours' trademarks, at a local chemical plant.
By The Chemours Company · Via Business Wire · December 18, 2023
Chemours Announces Settlement Agreement with State of Ohio
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announces that it, along with DuPont de Nemours, Inc. (“DuPont”) NYSE: DDNYSEDD)(NYSE: CTVANYSECTVA, have reached settlement agreement with the State of Ohio for $110 million to resolve claims associated with the manufacture and sale of per- and polyfluoroalkyl substances (PFAS).
By The Chemours Company · Via Business Wire · November 29, 2023
Chemours Establishes International F-gas Lifecycle Program to Advance Global Circularity
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the creation of an international F-gas Lifecycle Program across the Americas, Asia, and Europe. The program aims to advance safe, global recovery, reclaim, and reuse of fluorinated gases (F-gases) across its low global warming potential (GWP) Opteon™ products, Freon™ refrigerants, and FM-200™ portfolios.
By The Chemours Company · Via Business Wire · November 28, 2023
The Chemours Company Announces Changes to its Board of Directors
The Chemours Company (Chemours) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announces two changes to its Board of Directors.
By The Chemours Company · Via Business Wire · November 22, 2023
Chemours Announces Capacity Increase of HFC-152a, Providing Reliable, Domestic Supply of Low Global Warming Potential Solution
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced it is expanding production of Chemours HFC-152a by approximately 20 percent. In addition to helping meet customer demands for lower global warming potential (GWP) propellants and foam blowing agents, the expansion will enable reduced VOCs (volatile organic compounds) in consumer products and support the growing demand in thermal insulation foam products. The capacity expansion will occur at the company’s manufacturing facility in Ingleside, Texas—located 20 minutes outside of Corpus Christi—completion expected by mid 2024.
By The Chemours Company · Via Business Wire · November 14, 2023
The Chemours Company Announces Third Quarter 2023 Results
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the third quarter 2023, and Titanium Technologies Transformation Plan.
By The Chemours Company · Via Business Wire · October 26, 2023
Chemours Announces Fourth Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the fourth quarter of 2023. The dividend will be paid on December 15, 2023, to stockholders of record as of the close of business on November 15, 2023.
By The Chemours Company · Via Business Wire · October 26, 2023
Chemours Announces Dates for Third Quarter 2023 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced it will release third quarter 2023 financial results after market close on October 26, 2023. The company will conduct its third quarter 2023 webcast conference call on Friday, October 27, 2023, at 8:00 a.m. Eastern Daylight Time.
By The Chemours Company · Via Business Wire · October 6, 2023
Chemours Announces Promotion of Ron Charles to Senior Vice President of the People Function, as Susan Kelliher Announces Retirement
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced that Susan Kelliher, Senior Vice President, People has formalized her intention to retire from Chemours at the end of September 2023. As a part of her transition plan, effective October 1, Mrs. Kelliher will serve as a strategic advisor to the company, focused exclusively on organizational effectiveness, reporting directly to CEO Mark Newman. With this change, effective October 1, Ron Charles, Vice President of Talent and Culture and Human Resources Business Partner (HRBP) for Titanium Technologies, will be promoted to Senior Vice President, People, leading all aspects of the human resources function.
By The Chemours Company · Via Business Wire · September 13, 2023
Chemours Titanium Technologies Announces Third Annual Carrier of the Year Award
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the winners of its third annual Carrier of the Year Award which recognizes excellence in the transportation of Ti-Pure™ titanium dioxide (TiO2) to Chemours customers. Marten Transport (Platinum award) and Hirschbach Transportation Services (Gold award) have been recognized for the second consecutive year.
By The Chemours Company · Via Business Wire · September 12, 2023
Chemours Earns Great Place to Work Certification™ in 15 Global Regions Including the U.S.
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, is proud to be Certified™ as a Great Place to Work® in the United States and 14 additional regions where the company operates for the 2023-2024 year.
By The Chemours Company · Via Business Wire · August 2, 2023
Chemours Completes Sale of Glycolic Acid Business to Iron Path Capital-backed PureTech Scientific, LLC for $137 Million
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced it completed the sale of its Glycolic Acid Business to PureTech Scientific, LLC, a company founded and backed by Iron Path Capital, a private equity firm focused on lower-middle market investments across the specialty healthcare sectors.
By The Chemours Company · Via Business Wire · August 1, 2023
Chemours Announces Development of New Specialty Fluid for Two-Phase Immersion Cooling: Opteon™ 2P50
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, recently announced important achievements in the development and manufacture of Opteon™ 2P50, a new heat-transfer fluid for two-phase immersion cooling (2-PIC). The proprietary fluid is currently in the final testing stages for manufacturing capability, with initial commercialization targeted for 2025, pending appropriate regulatory approvals. Chemours’ Opteon™ 2P50 is a proprietary hydrofluoroolefin (HFO) dielectric fluid designed to meet the growing demand for high-performing products that reduce environmental impact while enabling circularity. Opteon™ 2P50 offers zero ozone depletion potential (ODP) and substantially lower global warming potential (GWP) compared to incumbent fluids.
By The Chemours Company · Via Business Wire · July 31, 2023
The Chemours Company Reports Second Quarter 2023 Results and Announces Closure of Titanium Dioxide Plant in Taiwan
The Chemours Company (“Chemours” or “the Company”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (“TT”), Thermal & Specialized Solutions (“TSS”), and Advanced Performance Materials (“APM”), today announced its financial results for the second quarter 2023 paired with the announcement of the closing of the Kuan Yin, Taiwan titanium dioxide manufacturing facility.
By The Chemours Company · Via Business Wire · July 27, 2023
Chemours Announces Third Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the third quarter of 2023. The dividend will be paid on September 15, 2023, to stockholders of record as of the close of business on August 15, 2023.
By The Chemours Company · Via Business Wire · July 26, 2023
Chemours Names Joseph Martinko as President, Thermal & Specialized Solutions
The Chemours Company ("Chemours") (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Joseph Martinko as President, Thermal & Specialized Solutions (TSS), effective immediately. Martinko was appointed interim leader on June 1 and stood out as the top candidate following an internal and external search.
By The Chemours Company · Via Business Wire · July 26, 2023
Chemours and Honeywell Partner With Authorities in the European Union to Stop Illegal Refrigerant Imports in Greece
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, and Honeywell NASDAQ: HONNASDAQHON)
By The Chemours Company · Via Business Wire · July 18, 2023
Chemours Appoints Brandon Ontjes to Lead Investor Relations Team
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the appointment of Brandon Ontjes as Vice President, Financial Planning & Analysis (“FP&A”) and Investor Relations.
By The Chemours Company · Via Business Wire · June 27, 2023
Sameer Ralhan Resigns as Chemours Chief Financial Officer (CFO); Company Appoints Jonathan Lock as new CFO and Promotes Matt Abbott to Executive Team as SVP, Chief Enterprise Transformation Officer
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the resignation of Sameer Ralhan, Chief Financial Officer (CFO), effective June 19. Leveraging a strong bench of top talent and thoughtful succession planning, Jonathan Lock, Senior Vice President (SVP) and Chief Development Officer, is appointed to the role of CFO, effective June 6. As CFO, Jonathan will lead Finance, Investor Relations, Corporate Development, Strategy, and Enterprise Risk Management. Jonathan will work closely with Sameer to ensure a seamless leadership transition. In addition, Matt Abbott, Vice President, Digital and Data Analytics, is promoted to SVP, Chief Enterprise Transformation Officer, a corporate officer, and senior executive position with responsibility for Information Technology, Cyber Security, Digital and Data Analytics and Procurement.
By The Chemours Company · Via Business Wire · June 6, 2023
Chemours, DuPont, and Corteva Reach Comprehensive PFAS Settlement with U.S. Water Systems
By The Chemours Company · Via Business Wire · June 2, 2023
The Chemours Company Agrees to Sell Glycolic Acid Business to Iron Path Capital-backed PureTech Scientific Inc. for $137 Million
The Chemours Company (Chemours) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials has entered into a definitive agreement to sell its Glycolic Acid business (“Glycolic Acid”) for $137 million in cash to PureTech Scientific Inc., a company founded and backed by Iron Path Capital, a private equity firm focused on lower-middle market investments across the specialty industrial and healthcare sectors. With this acquisition, PureTech Scientific is positioning itself to become the global leader in organic synthesis of ultra-high purity alpha hydroxy acids for the Life Sciences and Specialty Chemical industries. The transaction is expected to close by the third quarter of 2023 subject to regulatory approvals and other customary closing conditions.
By The Chemours Company · Via Business Wire · June 1, 2023
Chemours Officially Launches Operations as Part of Joint Venture with BWT and FUMATECH, Meeting Demand in Mobility Applications Critical to Global, Sustainable Hydrogen Economy
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the requisite European Commission and the People's Republic of China State Administration for Market Regulations regulatory approvals are now in place to launch operations at its joint venture with BWT FUMATECH Mobility GmbH (“BWT FUMATECH”), under the name of THE Mobility F.C. Membranes Company GmbH – A BWT Chemours Company. FUMATECH BWT GmbH is an established player in multiple hydrogen markets focused on membrane manufacturing in the field of fuel cell technology.
By The Chemours Company · Via Business Wire · May 31, 2023
Chemours Announces Opteon™ 1100 and Opteon™ SF33 Capacity Expansion to Meet Long-Term Customer Needs for Low Global Warming Potential, High-Performance Solutions
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced a capacity investment in its low global warming potential (GWP) Opteon™ 1100 foam blowing agent and Opteon™ SF33 specialty fluid. The expansion will triple capacity of the ultra-low GWP, hydrofluoroolefin (HFO) solution, enabling customers and value chain partners to meet the escalating demand for sustainable and efficient HFO-1336mzzZ-based fluids.
By The Chemours Company · Via Business Wire · May 25, 2023
Chemours Thermal & Specialized Solutions President Resigns; Chemours Begins Talent Search for Backfill & Appoints Interim Leader
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the resignation of Alisha Bellezza, President, Thermal & Specialized Solutions (TSS), effective May 31. Chemours will run a comprehensive search for Bellezza’s replacement.
By The Chemours Company · Via Business Wire · May 18, 2023
Chemours Launches Ti-Pure™ TS-6700 to Help Coatings Producers Comply with Evolving Regulations
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today introduces Ti-Pure™ TS-6700, a high-performance, TMP- and TME-free TiO2 grade designed for waterborne architectural coatings applications.
By The Chemours Company · Via Business Wire · May 2, 2023
The Chemours Company Reports First Quarter 2023 Results
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies (TT), Thermal & Specialized Solutions (TSS), and Advanced Performance Materials (APM), today announced its financial results for the first quarter 2023.
By The Chemours Company · Via Business Wire · April 27, 2023
Chemours Announces Second Quarter Dividend
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced today that the Board of Directors of Chemours declared a quarterly cash dividend of $0.25 per share on the company's common stock for the second quarter of 2023. The dividend will be paid on June 15, 2023, to stockholders of record as of the close of business on May 15, 2023.
By The Chemours Company · Via Business Wire · April 27, 2023
Chemours and TC Energy Collaborate on the Development of Two Clean Hydrogen Production Facilities in West Virginia
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company, and TC Energy, a leader in the responsible development and reliable operation of North American energy infrastructure, have executed a memorandum of understanding (MOU) for the potential development of two electrolysis-based hydrogen production facilities at or near Chemours’ Washington Works and Belle manufacturing sites in West Virginia. The MOU supports the companies’ participation in and goals of the Appalachian Regional Clean Hydrogen Hub (ARCH2) in West Virginia.
By The Chemours Company · Via Business Wire · April 19, 2023
Chemours Receives Two Awards from U.S. Department of Energy’s Better Plants Program
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, was honored yesterday with two awards from the U.S. Department of Energy (DOE) through its Better Buildings, Better Plants Initiative, recognizing partners for outstanding accomplishments in energy efficiency and emissions reduction.
By The Chemours Company · Via Business Wire · April 13, 2023
Chemours Appoints Dr. Amber Wellman to Chief Sustainability Officer
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announces the appointment of Amber Wellman, Ph.D., to Chief Sustainability Officer.
By The Chemours Company · Via Business Wire · April 11, 2023
Chemours Announces Dates for First Quarter 2023 Earnings Release and Webcast Conference Call
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced it will release first quarter 2023 financial results after market close on April 27, 2023. The company will conduct its first quarter 2023 webcast conference call on Friday, April 28, 2023, at 8:00 a.m. Eastern Daylight Time.
By The Chemours Company · Via Business Wire · April 6, 2023
Chemours Announces Glycolic Acid Sustainability Program at In-Cosmetics Global Tradeshow
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced a long-term sustainability program for its glycolic acid product portfolio to address growing consumer demand for sustainable products at the 2023 in-cosmetics Global tradeshow. The sustainability program’s ultimate goal is to reduce the carbon footprint of all of Chemours’ glycolic acid grades by 80% against a 2023 baseline.
By The Chemours Company · Via Business Wire · March 28, 2023
Chemours Appoints Denise Dignam President, Titanium Technologies & Chemical Solutions, Gerardo Familiar Named President, Advanced Performance Materials
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announces the appointment of Denise Dignam as President, Chemours Titanium Technologies and Chemical Solutions, effective April 1, 2023. Chemours will promote Gerardo Familiar to succeed Ms. Dignam as President, Chemours Advanced Performance Materials.
By The Chemours Company · Via Business Wire · March 23, 2023
Chemours Titanium Technologies & Chemical Solutions Business President Resigns; Chemours Begins Talent Search for Backfill & Appoints Interim Leader
The Chemours Company (“Chemours”) (NYSECC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the resignation of Edwin (Ed) Sparks, President, Titanium Technologies and Chemical Solutions Business at Chemours, effective March 31. Chemours will run a comprehensive search for Ed’s replacement.
By The Chemours Company · Via Business Wire · March 16, 2023